Interim Report January–June 2002

Continued profitability and positive cash flow

• Group net sales for comparable units during the first half amounted to SEK 335 M (332). • The operating profit for comparable units improved to SEK 18 M (loss: 92), corresponding to an operating margin of 5.5% (–27.6). • Cash flow from operating activities amounted to SEK 9 M (–44). • Continued sales growth in the Video product area; up 34% compared with the year-earlier period. Axis AB, Emdalavägen 14, SE-223 69 LUND, Sweden. Telephone +46-46 272 18 00, Fax +46-46 13 61 30, info@axis.com, www.axis.com

About Us

Axis enables a smarter and safer world by creating network solutions that provide insights for improving security and new ways of doing business. As the industry leader in network video, Axis offers products and services for video surveillance and analytics, access control, and audio systems. Axis has more than 3,000 dedicated employees in over 50 countries and collaborates with partners worldwide to deliver customer solutions. Founded in 1984, Axis is a Sweden-based company listed on the NASDAQ Stockholm under the ticker AXIS. For more information about Axis, please visit our website www.axis.com.

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